Jade Bird Fire Co., Ltd. (002960.SZ) Bundle
A Brief History of Jade Bird Fire Co., Ltd.
Founded in 2012, Jade Bird Fire Co., Ltd. is a prominent manufacturer in the firefighting equipment industry, based in Beijing, China. The company specializes in producing a variety of fire safety products, such as fire extinguishers, fire-resistant materials, and systems designed for both commercial and residential use.
In its early years, Jade Bird Fire focused heavily on research and development. By 2015, the company had launched its first line of high-efficiency fire extinguishers, which received significant attention in both domestic and international markets. These extinguishers were distinguished by their lightweight design and efficacy, which led to a rapid increase in sales.
By 2018, Jade Bird Fire reported a revenue increase of approximately 50% year-over-year, reaching around ¥400 million (approximately $57 million), largely attributed to an expanded product portfolio and increased market penetration.
| Year | Revenue (¥ million) | Revenue (USD million) | Growth Rate (%) |
|---|---|---|---|
| 2015 | 200 | 28.5 | N/A |
| 2016 | 250 | 35.7 | 25% |
| 2017 | 300 | 42.8 | 20% |
| 2018 | 400 | 57 | 33% |
| 2019 | 500 | 71.4 | 25% |
In 2019, the company expanded its operations internationally, establishing partnerships in Southeast Asia, Europe, and North America. This move significantly increased brand visibility and contributed to further revenue growth. In 2020, Jade Bird Fire recorded a revenue of ¥500 million (approximately $71.4 million), with a growth rate of 25%.
The global pandemic in 2020 shifted the market dynamics for firefighting equipment. Jade Bird Fire adapted by investing in e-commerce and direct-to-consumer sales channels. This strategic pivot allowed the company to maintain sales momentum despite widespread logistical challenges.
As of 2023, Jade Bird Fire Co., Ltd. reported a projected revenue of ¥700 million (approximately $100 million), indicating a compound annual growth rate (CAGR) of around 19% since 2018. The company’s strong performance is driven by increased demand for advanced fire safety solutions and continued innovation in product development.
In addition to revenue growth, Jade Bird Fire has invested significantly in sustainable practices, aligning with global shifts toward environmental responsibility. The company aims to reduce its carbon footprint by 30% by 2025.
As of the latest quarter in 2023, Jade Bird Fire has achieved a market capitalization of approximately ¥3 billion (around $428 million), reflecting investor confidence and strong market positioning. Its stock has shown resilience, with shares trading at ¥30 per share, up 15% year-to-date.
Overall, Jade Bird Fire Co., Ltd. stands out as a leader in the firefighting equipment sector, demonstrating robust growth, innovative practices, and a commitment to sustainability in the years ahead.
A Who Owns Jade Bird Fire Co., Ltd.
Jade Bird Fire Co., Ltd., a key player in the firefighting equipment industry, has a diverse ownership structure that includes institutional investors, individual shareholders, and company executives. The financial landscape around the company is shaped by its market performance and shareholder composition, which reflects a blend of strategic investments and stakeholder control.
As of the latest data available up to October 2023, the significant shareholders of Jade Bird Fire Co., Ltd. include:
- Institutional Investors: Approximately 35% of the company's shares are held by institutional investors, indicating robust interest from mutual funds and pension funds.
- Major Individual Shareholders: 5 individuals are principal shareholders, collectively owning around 20% of the company.
- Company Executives: Executives and board members hold approximately 10% of the outstanding shares, ensuring that key decision-makers maintain a vested interest.
Below is a table summarizing the ownership breakdown of Jade Bird Fire Co., Ltd., along with the respective percentage of shares held:
| Ownership Type | Ownership Percentage |
|---|---|
| Institutional Investors | 35% |
| Major Individual Shareholders | 20% |
| Company Executives and Board Members | 10% |
| Public Float | 35% |
The public float of Jade Bird Fire Co., Ltd. comprises around 35% of the company’s shares. This distribution suggests a strong market presence and accessibility for retail investors.
Furthermore, the company has shown a consistent growth trajectory. In the latest financial report for Q2 2023, Jade Bird Fire Co., Ltd. reported revenue of approximately $45 million, reflecting a year-over-year increase of 15%. This growth has attracted various institutional investors, enhancing the firm's market capitalization.
In terms of stock performance, Jade Bird Fire Co., Ltd. shares were trading at approximately $25 per share as of October 2023, with a market capitalization of about $500 million. The price-earnings ratio stands at around 20, indicating a healthy valuation relative to its earnings potential.
This ownership landscape and financial performance position Jade Bird Fire Co., Ltd. as a notable entity within the firefighting equipment sector, attracting a mix of institutional and individual investors focused on growth and returns.
Jade Bird Fire Co., Ltd. Mission Statement
Jade Bird Fire Co., Ltd. focuses on providing advanced fire protection solutions through innovative technology and high-quality products. With a commitment to safety, customer satisfaction, and sustainability, the company aims to lead the fire protection industry globally.
The company's mission encapsulates three core pillars:
- Safety: Aiming for zero incidents through reliable fire protection solutions.
- Innovation: Leveraging technology to develop state-of-the-art fire safety products.
- Sustainability: Committing to environmentally friendly practices and materials.
Jade Bird Fire Co., Ltd. has established its mission statement in alignment with industry standards and customer needs, ensuring comprehensive fire safety coverage for various sectors, including industrial, commercial, and residential markets.
| Year | Revenue (in million RMB) | Net Profit (in million RMB) | Market Share (%) | R&D Investment (in million RMB) |
|---|---|---|---|---|
| 2020 | 1,200 | 180 | 15 | 100 |
| 2021 | 1,500 | 220 | 17 | 120 |
| 2022 | 1,800 | 275 | 19 | 150 |
| 2023 | 2,000 | 300 | 21 | 180 |
As of 2023, Jade Bird Fire Co., Ltd. reported a revenue of 2 billion RMB and a net profit of 300 million RMB, reflecting steady growth in the fire protection sector. The company's market share has increased to 21%, driven by strategic R&D investments that reached 180 million RMB for innovative fire safety technologies.
The mission statement translates into actionable strategies, including prioritized investments in research and development, enhancing customer engagement, and promoting a culture of safety within the organization.
Jade Bird Fire Co., Ltd. also emphasizes community involvement as part of its mission. It engages in various initiatives aimed at raising awareness about fire safety practices, thus contributing to overall public safety.
How Jade Bird Fire Co., Ltd. Works
Jade Bird Fire Co., Ltd. is a technology-driven company specializing in the development and manufacturing of advanced fire safety and prevention equipment. The company's innovative products cater to various industries including aviation, transportation, and industrial sectors.
The primary revenue streams for Jade Bird Fire Co., Ltd. are derived from the sale of fire protection products and services. As of their latest financial report from 2022, the company reported a revenue of approximately ￥1.5 billion (around $230 million), reflecting a year-on-year growth of 12%.
Jade Bird Fire's product range includes fire extinguishers, fire detection systems, and specialized fire suppression equipment. The company is also focused on research and development, with a R&D spending of about 10% of total revenue, amounting to approximately ￥150 million in 2022.
Furthermore, the company has established partnerships with various global distributors and service providers, enhancing its market reach. In 2023, Jade Bird Fire Co., Ltd. reported a customer base of over 500 clients worldwide, spanning across more than 20 countries.
| Year | Revenue (￥) | Revenue (USD) | Year-on-Year Growth (%) | R&D Expenditure (￥) |
|---|---|---|---|---|
| 2020 | ¥1.2 billion | $184 million | 8% | ¥100 million |
| 2021 | ¥1.34 billion | $205 million | 11% | ¥120 million |
| 2022 | ¥1.5 billion | $230 million | 12% | ¥150 million |
In terms of operational capacity, Jade Bird Fire maintains a state-of-the-art manufacturing facility with an annual production capacity of over 300,000 units. The company adheres to stringent quality control measures, complying with international fire safety standards.
The global market for fire protection equipment is projected to grow at a CAGR of 5.5% from 2023 to 2028, reaching an estimated value of $70 billion. Jade Bird Fire is well-positioned to capitalize on this growth trend, leveraging its technological advancements and robust distribution channels.
Additionally, Jade Bird Fire Co., Ltd. has committed to sustainability initiatives, including the development of eco-friendly fire prevention materials. The company aims to reduce its carbon footprint by 25% over the next five years.
As part of its strategic growth plan, Jade Bird Fire is exploring expansion into new markets, particularly in Southeast Asia and Europe, where demand for advanced fire safety solutions is increasing. The company is investing approximately ￥200 million in these initiatives throughout 2023.
To sum up, Jade Bird Fire Co., Ltd. operates through a mix of innovative product development, strategic partnerships, and a commitment to quality and sustainability, positioning itself as a leader in the fire safety industry.
How Jade Bird Fire Co., Ltd. Makes Money
Jade Bird Fire Co., Ltd. primarily generates revenue through the manufacturing and sales of fire safety equipment and systems. The company specializes in products such as fire hydrants, fire suppression systems, and related safety solutions.
In 2022, Jade Bird Fire reported total revenues of approximately ¥1.2 billion (about $185 million), marking an increase of 15% compared to the previous year. This growth was attributed to rising demand for fire safety solutions across various industries, including construction, transportation, and logistics.
Revenue Breakdown
| Product Category | Revenue (¥ million) | Percentage of Total Revenue |
|---|---|---|
| Fire Hydrants | 500 | 42% |
| Fire Suppression Systems | 300 | 25% |
| Fire Detection Systems | 200 | 17% |
| Accessories and Support Equipment | 200 | 17% |
The company’s geographic revenue distribution shows a robust global presence. In 2022, approximately 30% of sales came from the domestic market in China, while the remaining 70% was derived from international markets, including Europe, North America, and Southeast Asia.
Cost Structure
The primary costs associated with Jade Bird Fire include manufacturing expenses, raw materials, labor costs, and research and development investments. In 2022, the total cost of goods sold (COGS) was reported at approximately ¥720 million (around $110 million), leading to a gross profit of ¥480 million (about $75 million).
Profit Margins
Jade Bird Fire's gross profit margin stood at 40% in 2022, reflecting efficient production processes and cost management strategies. After accounting for operating expenses, including selling, general, and administrative expenses, the company reported an operating income of approximately ¥200 million (around $30 million), resulting in an operating margin of 16.7%.
Furthermore, Jade Bird Fire's net income for 2022 was approximately ¥150 million (about $23 million), leading to a net profit margin of 12.5%.
Market Trends and Future Outlook
The fire safety industry is projected to grow significantly, driven by increasing safety regulations and awareness. Analysts estimate a compound annual growth rate (CAGR) of 6.5% for the global fire safety equipment market between 2023 and 2030. This trend presents potential growth opportunities for Jade Bird Fire as it aims to expand its product offerings and market reach.
To capitalize on these trends, Jade Bird Fire is focusing on innovation, particularly in developing smart fire safety solutions that integrate with IoT technologies. Investments in R&D reached approximately ¥100 million (about $15 million) in 2022, reflecting a commitment to enhancing product capabilities and market competitiveness.
In summary, Jade Bird Fire Co., Ltd. makes money through a diversified product line centered on fire safety and prevention, supported by strategic investments in technology and market expansion. Its financial performance demonstrates resilience and adaptability in a growing industry.
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